Quorum to divest 2 hospitals in Tennessee

Brentwood, Tenn.-based Quorum Health Corp., signed a definitive agreement Friday to sell two hospitals in Tennessee.

Advertisement

The 36-hospital operator will sell Henderson County Community Hospital, a 45-bed hospital in Lexington, and 45-bed McKenzie (Tenn.) Regional Hospital to SHS Tennessee.

Officials expect to close the transaction by Aug. 1., pending regulatory approval.

Editor’s Note: The article was updated to reflect an updated announcement from Quorum Health Corp. In a previous press release, Quorum mistated the health system acquiring the two Tennessee hospitals.

More articles on transactions and valuations:
Florida legislature strikes bill eliminating CON process
After 4-year battle, Cottage Health and Sansum Clinic call off merger
This week’s 3 most-read transactions and valuations stories

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Register to Attend Webinar

From fragmentation to operational flow: Solving the healthcare workforce puzzle

Tuesday, August 11
1:00 PM - 2:00 PM CDT

Presenters: Dr. Pat Hunt, QGendaAndrea Daugherty, MHA, CISSP, CHCIO, CDH-E, Arrowhead Regional Medical CenterElizabeth Lindsay-Wood, MBA, CHCIO, CDH-E, Moffitt Cancer CenterDeb Muro, El Camino HealthJohn Tejeda, D.H.A., MLS, MPAS, DFAAPA, LSSBB, FACHE, Vascular and Neuroscience Institute

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.